Former Bank of England policy maker Adam Posen said Governor Mervyn King exerts too much power that goes unchallenged by officials at the central bank.
Former Bank of England policy maker Adam Posen said U.K. central bankers are likely to refrain “indefinitely” from further asset purchases as they mistakenly doubt the potency of quantitative easing.
Bank of England policy maker Adam Posen called on central banks from Europe to the U.S. to be more aggressive in combating lackluster economic growth and inflation.
Bank of England policy maker Adam Posen made the strongest call yet for the bank to restart its asset-purchase program.
Bank of England policy maker Adam Posen dismissed the recent burst of inflation as temporary, indicating he may keep pushing for more stimulus to aid the economic recovery.
Former Bank of England policy maker Adam Posen voiced skepticism that planned changes to a central bank lending program will be sufficient to rein in the U.K.’s house-price boom and said more probably needed to be done.
"The least bad option is to go ahead with it."
- Adam Posen on Nov 17, 2014
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